How many hours of living sculpture acn be created


Vincent Smudge, an avant-garde New York artist,creates "living sculpture" by smearing paint slowly all over himself. S hours of "living sculpture" can be created by S = min{L, }, where L is hours of labor by Mr. Smudge and T is tubes of water-soluble paint.Since Mr. Smudge is a highly renowned artist, his labor costs $50 per hour, while paint costs $10 per tube. Using a $3,000 grant from the National endowment for the Arts, how many hours of "living sculpture" can Mr.Smudge create?

a)50
b)56.25
c)37.50
d)750
e)2,250

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: How many hours of living sculpture acn be created
Reference No:- TGS062380

Expected delivery within 24 Hours